NOT LISTED FOR SALE

Estimated Value: $590,118 - $770,000

4 Beds
4 Baths
2,540 Sq Ft
$268/Sq Ft Est. Value

Last Sold May 17, 2018

Last sale price $440,000 $173 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,186/month

7 Days on Market

About This Home

As of May 2018

INVESTORS..... Here are 4 Units in the City of Los Angeles you can add to your portfolio!! All units are 1 Bedroom 1 Bath each with 2 separate buildings (2 units in each building). DO NOT APPROACH PROPERTY.

Last Agent to Sell the Property

Nelson Sanchez

Century 21 A Better Service License #01219209 Listed on: 03/16/2018

Century 21 A Better Service

Last Buyer's Agent

Nelson Sanchez

Century 21 A Better Service License #01219209 Listed on: 03/16/2018

Century 21 A Better Service

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,390

Year Built

  • Built in 1935

Lot Details

  • 6,592 Sq Ft Lot
  • 1 Common Wall

Home Design

  • 2,540 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 48
  • Assessor Parcel Number 5108009020

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,390

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5108009020
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 173.23

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6592.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 36048.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 3004.00

Tax Info

  • Tax Census Tract: 2292.00
  • Tax Lot: 48
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2019
Sold by
Vazquez Carlos A and Leon Laura
Bought by
Vne Group Llc
Current Estimated Value
$670,415

Purchase Details

Listed on
Mar 16, 2018
Closed on
May 12, 2018
Sold by
Robinson Bernice
Bought by
Reed Barbara
Seller's Agent
Nelson Sanchez
Century 21 A Better Service
Buyer's Agent
Nelson Sanchez
Century 21 A Better Service
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
Original Mortgage
$330,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2018
Closed on
Apr 20, 2018
Sold by
Reed Barbara and Barbara Reed Living Trust
Bought by
Alvarez Laura Leon
Seller's Agent
Nelson Sanchez
Century 21 A Better Service
Buyer's Agent
Nelson Sanchez
Century 21 A Better Service
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2015
Sold by
Gallego Larry
Bought by
Gallego Larry and Gallego Living Trust

Purchase Details

Closed on
Oct 26, 2015
Sold by
Liv Reed Barbara and Liv Bernice Robinson Revocable
Bought by
Reed Barbara and Barbara Reed Living Trust

Purchase Details

Closed on
Dec 19, 2000
Sold by
Robinson Bernice
Bought by
Robinson Bernice
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vne Group Llc -- None Available
Vazquez Carlos A -- None Available
Alvarez Laura Leon $440,000 Fidelity National Title Comp
Gallego Larry -- None Available
Reed Barbara -- None Available
Robinson Bernice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarez Laura Leon $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2018 05/17/18 Sold $440,000 0.0% $173 / Sq Ft
03/23/2018 03/23/18 Pending -- -- --
03/21/2018 03/21/18 Off Market $440,000 -- --
03/16/2018 03/16/18 For Sale $450,000 -- $177 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,390 $500,639 $375,481 $125,158
2024 $6,390 $490,823 $368,119 $122,704
2023 $6,273 $481,200 $360,901 $120,299
2022 $5,993 $471,766 $353,825 $117,941
2021 $5,911 $462,517 $346,888 $115,629
2020 $5,965 $457,776 $343,332 $114,444
2019 $5,742 $448,800 $336,600 $112,200
2018 $812 $42,822 $16,131 $26,691
2016 $749 $41,160 $15,505 $25,655
2015 $742 $40,543 $15,273 $25,270
2014 $772 $39,749 $14,974 $24,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18061491

California Regional Multiple Listing Service (CRMLS)

APN: 5108-009-020